After two stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service's loss widened in fiscal 2024, although revenue rose slightly after two stamp hikes this year.
The U.S. Postal Service's loss widened in fiscal 2024, although revenue rose slightly after two stamp hikes this year.
The postal service is in the midst of a 10-year plan to achieve profitability, but inflation is hindering its turnaround.
Congressman says "sick postal workers, not shots in the arms," will do the most harm to the USPS and its customers.
The crucial holiday season poses a test for the postal service, which already has slowed mail delivery amid budget pressures.
One AG called the postal service's October slowdown a "radical" plan that could "destroy" timely mail delivery.
Beginning October 1, the U.S. Postal Service is slowing down delivery services to cut costs. CBS News transportation correspondent Errol Barnett reports from Washington on the changes, which could have consequences for the millions of Americans who rely on the service to deliver medication or checks.
Stamp prices will rise to 58 cents from 55 cents in August. Meanwhile, regulators warn about a plan to slow delivery.
Mark Corallo, a spokesman for Louis DeJoy, confirmed the probe.
The FBI is investigating U.S. Postmaster General Louis DeJoy for possibly violating state and federal election laws. He denies the accusations.
The FBI is investigating allegations of possible political fundraising violations by Postmaster General Louis DeJoy when he worked in the private sector. CBSN's "Red & Blue" anchor Elaine Quijano reports.
Postmaster Louis DeJoy said the "rational" price increase is part of his plan to strengthen the postal service's finances.
Postmaster Louis DeJoy blames issues that "plague" the USPS, causing late deliveries for 20% of all first-class mail.
Postmaster Louis DeJoy said his plan will stanch billions in losses. Critics cite "deep concerns" about slower delivery.
Biden's nominees will diversify the board and perhaps provide enough votes to oust current Postmaster General Louis DeJoy.
Mail-in ballots for voters in some swing states are taking longer to reach election officials, USPS data show.
Annual pay rate to move mail across a 700-mile highway route is one of the highest among 1,600 USPS contracts last quarter.
Fourteen states sued and the judge called the controversial changes "politically motivated"
Operational shifts have allegedly led to a delay in mail delivery and backlogs.
House Oversight and Reform Committee Chairwoman Carolyn Maloney said DeJoy "could face criminal exposure."
At a press conference at the White House on Labor Day, President Trump said he would support an investigation into Postmaster General Louis DeJoy following reports that before leading the Postal Service he reimbursed employees at his private company for donating to Republican candidates. When the president was asked if he would support removing DeJoy from office, Mr. Trump said, "Yeah, if something can be proven that he did something wrong, always." Watch his remarks.
Employees for the postmaster general's former company, New Breed Logistics, said they were "urged" by DeJoy or his aides to make political contributions and given bonuses "to help defray the cost."
If it's proven that DeJoy did something illegal, the president said he would support his removal.
Lawmakers grilled Postmaster General Louis DeJoy twice last week on changes he's made to the U.S. Postal Service. Senator Gary Peters, the ranking member of the Senate Homeland Security Committee, is demanding more answers from the Trump appointee. He joins CBSN's Elaine Quijano on "Red & Blue" to speak about the Postal Service and his upcoming Senate election.
Democrats criticized the postmaster general for overseeing recent operational changes that led to delays in mail delivery.
Postmaster General Louis DeJoy returned to Capitol Hill on Monday to testify before the House Oversight Committee. DeJoy continued to defend changes made to the Postal Service ahead of the 2020 election while also fielding questions regarding his loyalty to President Trump. CBS News chief congressional correspondent Nancy Cordes joins CBSN's Elaine Quijano to discuss.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Ernie and Cheryl Johnson had planned to hold onto their late son Michael's quirky key collection forever. But then they met 6-year-old Cooper Kivett.
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
The Universal Service Fund was created by Congress in 1996.
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
Researchers have identified a chemical in certain tap water across the United States as chloronitramide anion. Here's what to know.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
The federal government put guardrails in place to limit unauthorized plan sign-ups and switches. But the changes could prove to be a burden to consumers.
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
The Dublin jury awarded the woman nearly $257,000 for her lawsuit that claimed Conor McGregor "brutally raped and battered" her on Dec. 9, 2018
A 38-year-old man has been jailed in France for raping his teenage daughter for years and inviting other men, many of them much older, to join in the abuse.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Delicious menu suggestions from top chefs, cookbook authors, food writers, restaurateurs, and the editors of Food & Wine magazine.
Ridley Scott returns to ancient Rome with "Gladiator II" nearly 25 years after the Oscar-winning original.
Nearly 25 years after the original "Gladiator" won five Academy Awards, Ridley Scott returns with "Gladiator II," out Nov. 22. Elizabeth Palmer speaks with the director about bringing his epic vision back to life.
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
The man was arrested on an unrelated carjacking warrant and admitted to killing his roommate and her pet.
Leilani Simon was spared the maximum punishment of life without a chance of parole.
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Fandango's November survey discovered which movies are the most highly anticipated ahead of the holiday season. Managing editor Erik Davis joins CBS News to discuss the films people are itching to see and why.
A historic season of women's soccer is culminating in an epic title showdown. The Washington Spirit will square off with the Orlando Pride in the National Women's Soccer League championship.
Rosemary's Midtown executive chef Christopher Caliso joins CBS News to discuss new and creative ways to upgrade this year's Thanksgiving dinner.
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.